Adrian Johnson
TLDR:
- FinTech, Healthcare, and SaaS organizations are vulnerable to data breaches due to the high volume of data they possess.
- Non-human identity management solutions like Entro have emerged to address the security challenges faced by these sectors.
Key Points:
Though every organization is susceptible to data breaches, those in FinTech, Healthcare, and SaaS are particularly vulnerable to attacks due to the high volume of data they possess. Identity & access management, authorization policies, and observability tools are required to enforce security. Non-human identity management solutions like Entro have risen to meet the new security needs of organizations in these sectors.
Summary:
FinTech companies have lost billions of dollars due to cyber attacks over the past two decades, with attackers targeting large sums of customer funds. Healthcare institutions face disruptions in patient care and data breaches due to the transition to cloud-based systems. SaaS applications, with billions of users, are at risk of attacks that compromise large amounts of data.
Non-human identity management solutions, like Entro, are crucial for organizations in these sectors to protect their data and customers. These solutions automate lifecycle management and provide security for non-human identities and secrets. By being proactive and implementing robust security measures, FinTech, Healthcare, and SaaS organizations can build trust with customers and navigate the evolving cybersecurity landscape successfully.
